On August 19, 1994, consistent with the authority provided me under
the International Emergency Economic Powers Act (50 U.S.C. 1701 et
seq.), I issued Executive Order 12924. In that order, I declared a
national emergency with respect to the unusual and extraordinary threat
to the national security, foreign policy, and economy of the United
States in light of the expiration of the Export Administration Act of
1979, as amended (50 U.S.C. App. 2401 et seq.). Because the Export
Administration Act has not been renewed by the Congress, the national
emergency declared on August 19, 1994, must continue in effect beyond
August 19, 1999. Therefore, in accordance with section 202(d) of the
National Emergencies Act (50 U.S.C. 1622(d)), I am continuing the
national emergency declared in Executive Order 12924.

This notice shall be published in the Federal Register and
transmitted to the Congress.